Photographer fees priced at$20 in 2000→$24.69 in 2018

Historical Price Inflation for Photographer fees

Prices for Photographer Fees, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for photographer fees were
23.47% higher
in 2018 versus 2000 (a $4.69 difference in value).

Between 2000 and 2018:Photographer fees experienced an average inflation rate of 1.18% per year.
In other words, photographer fees costing $20 in the year 2000 would cost $24.69 in 2018 for an equivalent purchase.
Compared to the overall inflation rate of 2.12% during this same period, inflation for photographer fees was
lower.

In the year 2000: Pricing changed by 1.59%, which is
above the average yearly
change for photographer fees during the 2000-2018 time period.
Compared to inflation for all items in 2000 (3.38%), inflation for photographer fees was
lower.

Price Inflation for Photographer fees since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing:
2002 (4.04%),
2001 (2.51%),
and 2011 (2.10%).

How to calculate the inflation rate for photographer fees, 2000-2018

Then plug in historical CPI values from above. The CPI for Photographer fees was 103.922 in the year 2000 and 128.315 in 2018:

128.315 / 103.922* $20 = $24.69

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $24.69 in 2018 (in the CPI category of Photographer fees).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Photographer fees in 1997. In addition to photographer fees, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.